16 Verona Road, Shoal Bay NSW 2315
This property is Off Market
- Last sold 7/18/2024 for $1,475,000. The Average property price in this area is $1,068,764, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.71 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/18/2024 51 SHOAL BAY RD $1,035,000
- 10/14/2024 15 SHOAL BAY AVE $2,250,000
- 9/19/2024 77 RIGNEY ST $1,680,000
- 8/30/2024 47 RONALD AVE $750,000
- 7/31/2024 101 HORACE ST $1,155,000
About Nelson Bay Peninsula
With an average age of 50, households expect an average monthly mortgage payment of $1,654 or a weekly rent payment of $353. The average family earns a weekly income of $1,678 with a typical household size of 2.1 and a 92.93% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Shoal Bay is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Shoal Bay provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Shoal Bay to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
General Points of Interest
Nelson Bay Rugby
Super Strike
Tea Gardens Swimming Pool
Fingal Bay Bowls Sports and Recreation Club
Nelson bay
Toboggan Hill Maze
Toboggan Hill Park
Nelson Bay Golf Club
Horizons Golf Course
Port Stephens
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 2634 asthma sufferers and 1301 people living with diabetes. In addition, 2256 people have a heart/vascular condition and 3166 people live with three or more chronic diseases.A good place to invest in property?
Nelson Bay Peninsula a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
13 / 100
31 / 100
Industry
24 / 100
22 / 100
Population
20 / 100
19 / 100
House Prices
56 / 100
60 / 100
Jobs
28 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsTomaree HS Shoal Bay PS
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Bobs Farm Public School
Bobs Farm, NSW, 2316 State K-6 -
Tomaree Public School
Salamander Bay, NSW, 2317 State K-6 -
St Michael's Primary School
Nelson Bay, NSW, 2315 Independent K-6 -
Tomaree High School
Salamander Bay, NSW, 2317 State 7-12 -
Tea Gardens Public School
Tea Gardens, NSW, 2324 State K-6 -
Tanilba Bay Public School
Tanilba Bay, NSW, 2319 State K-6 -
Anna Bay Public School
Anna Bay, NSW, 2316 State K-6 -
St Philip's Christian College - Port Stephens
Salamander Bay, NSW, 2317 Independent K-12 -
Shoal Bay Public School
Shoal Bay, NSW, 2315 State K-6 -
Soldiers Point Public School
Soldiers Point, NSW, 2317 State K-6
Property Story
16 Verona Road, Shoal Bay, Nsw, 2315 is a residential property with 3 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $1,075,000 while properties of this type typically sell for between $920,000 and $1,620,000 in this suburb. The estimated distance to the sea is only 0.71km and 0.17KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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